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Wed 7 Mar 2012, 14:10 KIO - Kumba Iron Ore Limited - Grant and acceptance of share options by
KIO
KIO                                                                             
KIO - Kumba Iron Ore Limited - Grant and acceptance of share options by         
directors, company secretary, and directors of a major subsidiary               
Kumba Iron Ore Limited                                                          
A member of the Anglo American plc group                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/015852/06)                                            
Share code: KIO                                                                 
ISIN: ZAE000085346                                                              
("Kumba")                                                                       
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY DIRECTORS, COMPANY SECRETARY, AND      
DIRECTORS OF A MAJOR SUBSIDIARY                                                 
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited, the following information is disclosed:                                
Director                   :  Chris Griffith                                    
Company                    :  Kumba Iron Ore Limited                            
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of bonus shares in
                             terms of the Kumba bonus share plan ("BSP")        
Class of securities        :  Ordinary shares                                   
Number of bonus shares     :  6,709                                             
Price per share            :  R452.45                                           
Value of transaction       :  R3,035,487.05                                     
Vesting period             :  Bonus shares vest after three years in terms of   
                             the Kumba BSP                                      
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  Chris Griffith                                    
Company                    :  Kumba Iron Ore Limited                            
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of Long Term      
                             Incentive Plan ("LTIP") options                    
Class of securities        :  Ordinary shares                                   
Number of options          :  8,870                                             
Option strike price        :  R520.00 per share                                 
Value of transaction       :  R4,612,400.00                                     
Vesting period             :  Share options vest after three years on certain   
                             performance criteria being met in terms of the     
Kumba LTIP                                         
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Company Secretary          :  Vusani Malie                                      
Company                    :  Kumba Iron Ore Limited                            
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of bonus shares in
terms of the Kumba BSP                             
Class of securities        :  Ordinary shares                                   
Number of bonus shares     :  2,776                                             
Price per share            :  R452.45                                           
Value of transaction       :  R1,256,001.20                                     
Vesting period             :  Bonus shares vest after three years in terms of   
                             the Kumba BSP                                      
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
DIRECTORS OF A MAJOR SUBSIDIARY                                                 
Director                   :  Christo Van Loggerenberg                          
Company                    :  Sishen Iron Ore Company (Pty) Ltd                 
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of bonus shares in
                             terms of the Kumba BSP                             
Class of securities        :  Ordinary shares                                   
Number of bonus shares     :  5, 021                                            
Price per share            :  R452.45                                           
Value of transaction       :  R2,271,751.45                                     
Vesting period             :  Bonus shares vest after three years in            
                             terms of the Kumba BSP                             
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  Francois Louw                                     
Company                    :  Sishen Iron Ore Company (Pty) Ltd                 
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of bonus shares in
                             terms of the Kumba BSP                             
Class of securities        :  Ordinary shares                                   
Number of bonus shares     :  5,152                                             
Price per share            :  R452.45                                           
Value of transaction       :  R2,331,022.40                                     
Vesting period             :  Bonus shares vest after three years in            
                             terms of the Kumba BSP                             
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  Aart van den Brink                                
Company                    :  Sishen Iron Ore Company (Pty) Ltd                 
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of bonus shares in
                             terms of the Kumba BSP                             
Class of securities        :  Ordinary shares                                   
Number of bonus shares     :  3,391                                             
Price per share            :  R452.45                                           
Value of transaction       :  R1,534,257.95                                     
Vesting period             :  Bonus shares vest after three years in            
                             terms of the Kumba BSP                             
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
Director                   :  Martin Poggiolini                                 
Company                    :  Sishen Iron Ore Company (Pty) Ltd                 
Grant date                 :  01 March 2012                                     
Acceptance date            :  07 March 2012                                     
Nature of transaction      :  Off market grant and acceptance of bonus shares in
                             terms of the Kumba BSP                             
Class of securities        :  Ordinary shares                                   
Number of bonus shares     :  3,424                                             
Price per share            :  R452.45                                           
Value of transaction       :  R1,549,188.80                                     
Vesting period             :  Bonus shares vest after three years in            
                            terms of the Kumba BSP                              
Nature of interest         :  Direct beneficial                                 
Clearance obtained         :  Yes                                               
07 March 2012                                                                   
For enquiries contact:                                                          
Mr VF Malie                                                                     
Company Secretary                                                               
Kumba Iron Ore Limited                                                          
Tel: (012) 683 7060                                                             
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 07/03/2012 14:10:33 Produced by the JSE SENS Department.                  
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